Seanad debates

Thursday, 16 December 2010

Credit Institutions (Stabilisation) Bill 2010: Committee and Remaining Stages

 

3:00 pm

Photo of Brian Lenihan JnrBrian Lenihan Jnr (Dublin West, Fianna Fail)

Yes, and that is crucial. There was an entertaining exchange earlier about the relevant community legal provisions. That is why we have sought to mirror those provisions in so far as possible in this legislation. By mirroring the provisions in this legislation, we are ensuring a degree of international recognition for the High Court orders to be made under it.

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